Residential Land with Home for Sale in Lebanon, Tennessee
205 Gwynn Rd, Lebanon, TN 37090
SIGNIFICANT PRICE REPOSITION - Fall Creek Airpark (TN96)
Rare opportunity in one of Middle Tennessee's most exclusive private airparks, now offered at a new price. Fall Creek is a 19-owner community with a 2,700' x 80' lighted grass runway, located just outside Nashville's Class C airspace and minutes from Lebanon, Mt. Juliet, Murfreesboro, and Smyrna.
The property includes a 40' x 50' hangar, 3-car garage, and a 2,500+ sq ft home on 7.5 acres with open living, fireplace, and upper/lower decks. The home is in good condition but dated, creating a rare entry point into a community where updated and new homes now command $1.3M-$2M.
Ownership of the airpark (not a typical HOA) allows added flexibility for expansion or future improvements. Priced to move and well below surrounding values, a unique chance to secure an aviation property 30min from Nashville.
- Listed by Scott Weckler, (619) 277-2006, Haven Real Estate
Location
- Street address
- 205 Gwynn Rd
- County
- Wilson County
- Community
- Fall Creek Airpark
- Elevation
- 662 feet
Directions
From I-40- exit 238 (hwy 231) south. Travel approx 11 miles. Turn right on Fall creek rd. Turn right onto gwynn road. 205 is on your right. Shared drive. Hangar 4 is on your left
Property details
- Acreage
- 7.47 acres
- MLS #
- REALTRACS 2819072
- Posted
Property taxes
- Recent
- $1,735
Expenses
- Home Owner Assessments Fee
- $850 annually
Parcels
- 142 04605 000
Details and features
Listing
- Type
- Residential
- Subtype
- Single Family Residence
- Financing
- Conventional, FHA, VA
- Possession
- Negotiable
Community
- Amenities
- Underground Utilities
- Fee Includes
- Maintenance Grounds
Lot
- Terrain
- Private, Wooded
- Features
- Private, Wooded
Exterior
- Parking Spaces
- 3
- Parking
- Detached
- Fencing
- Chain Link
- Outdoor Spaces
- Covered, Deck, Patio, Screened
- Structures
- Barn(s), Storage
- Features
- Balcony
Structure
- Style
- Barndominium
- Stories
- 2
- Basement
- Crawl Space
- Water
- Public
- Sewer
- Septic Tank
- Heating
- Central, Dual, Electric
- Cooling
- Ceiling Fan(s), Central Air
- Materials
- Aluminum Siding
- Roof
- Aluminum
Interior
- Rooms
- Bedroom, Den, Dining Room, Hobby Room, Kitchen, Living Room, Master Bathroom, Recreation Room
- Flooring
- Carpet, Tile, Wood
- Fireplace Count
- 1
- Appliances
- Dishwasher, Disposal, Electric Oven, Gas Range, Microwave, Trash Compactor
- Laundry
- Electric Dryer Hookup, Washer Hookup
- Security
- Smoke Detector(s)
- Equipment
- Satellite Dish
- Features
- Bookcases, Built-In Features, Ceiling Fan(s), High Speed Internet, Kitchen Island, Pantry
Property utilities
| Category | Type | Status | Description |
|---|---|---|---|
| Power | Grid | Available | — |
| Water | Public | Available | — |
| Sewage | Septic System | Connected | — |
Nearby schools
| Name | Level | District | Description |
|---|---|---|---|
| Southside Elementary | Elementary | — | — |
| Southside Elementary | Middle | — | — |
| Wilson Central High School | High | — | — |
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Dec 29, 2025 | Price drop | $699,000 | $41,000 -5.5% | REALTRACS |
| Sept 17, 2025 | Price drop | $740,000 | $9,000 -1.2% | REALTRACS |
| Aug 30, 2025 | Price drop | $749,000 | $10,000 -1.3% | REALTRACS |
| Aug 2, 2025 | New listing | $759,000 | — | REALTRACS |
Payment calculator
Based on information submitted to the MLS GRID as of Jan 12, 2026 4:00 pm MT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. View more